Santander to axe TSB from British high street ending 215 year run May 6, 2026 Santander plans to erase the TSB brand from Britain’s high streets after more than two centuries, just one week after completing its takeover over the UK lender. The Spanish bank is gearing up to drop the brand and run the combined business as Santander UK, once the integration of the two businesses is complete, according [...]
AB InBev Reports First Quarter 2026 Results May 5, 2026 Solid top- and bottom-line performance: Revenue up by 5.8%, Beer volume growth of 1.2% and a 20.8% Underlying EPS increase
‘Alarming’ lack of private credit understanding in finance bosses May 5, 2026 The elusive nature of the private credit industry has been called further into question with fresh data revealing less than one in five financial services leaders fully understand their exposure to the sector. A fresh report from Big Four firm KPMG has found just 14 per cent of financial services executives believe they are fully [...]
Blackstone, Saudi wealth fund collect £4m dividends from four Morrisons stores May 4, 2026 Private equity firm Blackstone and the Saudi sovereign wealth fund have handed themselves £4m in dividends from their ownership of four Morrisons supermarket buildings. The pair acquired the sites – in Maldon, Stockport, Harrogate and Newcastle – for £110m in 2023 as part of a sale and leaseback arrangement which saw the supermarket chain sell [...]
Lone Star Funds Completes Sale of novobanco to BPCE April 30, 2026 Nani Holdings S.à. r.l., an affiliate of Lone Star Funds (“Lone Star”), today announced it has successfully completed the sale of its majority stake in Novo Banco, S.A. (“novobanco” or “the bank”), Portugal’s fourth-largest bank, to BPCE, a leading European banking institution. Pursuant to the purchase price mechanism agreed to in the June 2025 Memorandum [...]
Creating space for culture in the Eastern City April 29, 2026 The Eastern City BID is delighted to announce the opening of Hypha x Eastern City Studios, a new gallery and events space at 130 Fenchurch Street. This previously empty retail unit has been transformed through a partnership with Aviva Investors and CO-RE, alongside specialist charitable partner Hypha Studios. The space will host a year-round programme, [...]
Retail Capital has been unlocked April 29, 2026 RetailBook: The leading UK fintech placing retail investors at the heart of capital markets with infrastructure, education and enablement. Last week, the Government launched its retail investment campaign, the most significant attempt in a generation to mobilise UK savings into productive capital. In January, UK fintech RetailBook, alongside AJ Bell, Hargreaves Lansdown and Interactive Investor, wrote to the Chancellor outlining a shared [...]
John Lewis hit with click-and-collect lawsuit April 28, 2026 John Lewis is being sued by the owner of London’s Brent Cross shopping centre over claims it should pay for online sales collected in store on top of its annual turnover, despite the lease being signed decades before the surge of online shopping. Hammerson and Standard Life Investments, the property company which operates the North [...]
Housing stocks drag on FTSE as inflation woes build into Bank of England interest rates call April 28, 2026 Fears about the impact of interest rates on the UK’s struggling economy echoed around the City into this week’s set-piece interest rate meeting at the Bank of England. A trio of Tuesday trading updates from London-listed firms with direct exposure to the housing market revealed rising costs. The insight reverberated across an industry which depends on affordable mortgages [...]
Toast Launches Toast Go® 3 Handheld Point-of-Sale Device Globally April 28, 2026 Toast’s innovative, durable hospitality-grade technology helps operators ensure seamless service and deliver dependable performance shift after shift